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JPMorgan plans to price equity notes due 2016 linked to Euro Stoxx 50
By Marisa Wong
Madison, Wis., Feb. 25 - JPMorgan Chase & Co. plans to price 0% equity notes due Sept. 1, 2016 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.
The payout at maturity will be the greater of the contingent settlement amount of $1,445.00 to $1,497.50 per $1,000 principal amount and par plus the index return if the index return is zero or positive. The exact contingent settlement amount will be set at pricing.
Investors will be fully exposed to any index decline.
J.P. Morgan Securities LLC is the agent.
The notes are expected to settle on March 4.
The Cusip number is 48126DYC7.
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